DBS Group Research economist Chua Han Teng expects the People’s Bank of China to keep the 1-year Loan Prime Rate at 3.00% on February 24, as January data are still unfolding. The report says policy remains cautiously accommodative, reflected in a … [Continue reading]
AAVE drops 6% as BGD Labs announce plans to end support for protocol in April
BGD Labs said it will end its four-year role supporting the Aave (AAVE) DAO by April 1, citing growing centralization concerns around Aave Labs.BGD Labs raises concerns over Aave in latest announcementBGD Labs has announced it will end its support … [Continue reading]
Asia FX: Policy divergence shapes regional currencies – MUFG
MUFG analysts Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee highlight an Asia‑centric week dominated by geopolitics, inflation and monetary policy. They expect the Bank of Korea to keep rates on hold through 2026, the Bank of Thailand to cut by … [Continue reading]
Malaysia: BNM expected to keep OPR steady through 2026 – UOB
UOB Global Economics & Markets Research reports that Malaysia’s inflation remained stable in January, slightly below its own forecast and in line with consensus. Despite solid 4Q25 GDP, price pressures are seen as contained, reducing the urgency … [Continue reading]
Philippines: BSP easing path stays open – DBS
DBS Group Research’s Radhika Rao highlights that Bangko Sentral ng Pilipinas cut its policy rate by 25bps to 4.25%, citing weaker-than-expected recovery, softer confidence and delayed government spending. Official growth forecasts for 2026–27 were … [Continue reading]
AUD/USD Price Forecast: Climbs toward 0.7100, eyes on YTD high
The AUD/USD advances for the second straight day, up by 0.36% as the Greenback edges lower as US economic growth takes a toll while inflation accelerates towards the 3% threshold. At the time of writing, the pair trades at 0.7086, poised to end the … [Continue reading]
Gold surges above $5,060 as soft GDP, hot PCE hit US Dollar
Gold prices rally more than 1% on Friday after economic growth in the US decelerated, while inflation rose past the 3% threshold as depicted by the Core Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s (Fed) favorite … [Continue reading]
Indonesia: Growth and inflation outlook shapes BI path – MUFG
MUFG’s Senior Currency Analyst Lloyd Chan notes that Bank Indonesia kept its 2026 growth forecast at 4.9%–5.7% and still expects inflation to stay within its 1.5%–3.5% target. However, upside inflation risks could weigh on the Rupiah if policymakers … [Continue reading]
Forecasting the upcoming week: US Dollar steady amid rising PCE inflation, soft GDP
The US Dollar (USD) held firm on Friday after the release of top-tier data, but the US Dollar Index (DXY) posted an acceptable weekly gain of almost 1%. The December Core Personal Consumption Expenditures (PCE) rose by 3% YoY, above market forecasts, … [Continue reading]
USD/INR: Upside risks from outflows and AI concerns – MUFG
MUFG’s Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee note that India’s fourth‑quarter GDP is expected to slow on weaker exports, though domestic demand remains resilient. From an FX angle, they see the Rupee pressured by capital outflows and … [Continue reading]